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[[letterhead]]
Shepheard's Hotel & Ghezireh Palace Cairo
The Egyptian Hotels Ltd.

TelegrAddress: "SHEPHEARDS CAIRO"
LIEBERS CODE USED

[[image - Shepheard's Hotel logo; QUIS AQUAM NILI BIBIT
AERUM BIBET]]

Shepheard's Hotel [[/letterhead]] Decem 19th [[printed]] 190 [/[printed]] 6

[[note in pencil]] omit [[/note in pencil]]

My dear Colonel,

Your cablegram came yesterday reading "Stockholders meeting called consolidate Peoples, State Banks.  Organize new bank capital surplus each fifteen hundred thousand, Exchange stock par. Rustical. Shoater"

I promptly replied saying I would be delighted to have you treat my stock on whatever basis you handled your own.  By this I meant that any action you might decide to take concerning your own holdings I would be glad to have you give

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